In Short The Situation: The Japanese Cabinet has approved a draft bill to financially incentivize the supply and utilization of low-carbon hydrogen and its derivatives ("Hydrogen Bill") as part of its push to reach net zero by 2050. The Result: The Hydrogen Bill proposes a subsidy scheme whereby eligible projects will receive a top-up payment equivalent to the difference between a fixed or variable...

On 23 November 2023, the European Union launched the first auction for renewable fuel of non-biological origin (RFNBO) hydrogen production under the umbrella of the Innovation Fund, via the European Hydrogen Bank. A EUR 800 million budget is available for bidders (project developers) in this first pilot auction. The call document and the relevant application forms and templates have...

By Shalin Sheth As countries worldwide strive to mitigate climate change and achieve carbon neutrality, India is setting a bold precedent with its commitment to Green Hydrogen. This article explores how various Indian states are pioneering efforts in the Green Hydrogen revolution, highlighting key policies, advancements, and the potential impact of these initiatives on sustainable...

The global race for green hydrogen cash  ABC News Source link...

Representatives from the Japanese technology company Asahi Kasei and its partners including the Japanese government recently celebrated the official opening of a new hydrogen pilot plant in Kawasaki, Japan. Asahi Kasei said the trial operation of four 0.8 MW modules at the site (Figure 1) is another milestone toward the realization of a commercial multi-module 100-MW-class alkaline water...

The government has offered billions of dollars to develop a domestic hydrogen industry, but experts say those reaping the rewards must be self sustainable within a decade.Nationals Senate leader Bridget McKenzie believes Australia should use nuclear energy because the transition to renewables is “challenging” as Australia has a “sparsely spread-out population”. The federal government on...

Hydrogen Economy (Getty Creatives)getty Hydrogen is an adaptable and useful energy carrier. In the eyes of many, it can address myriad energy challenges we face as a society seeking meaningful pathways to a net zero carbon emissions future. The concept of a 'hydrogen economy' - a broad descriptor for the production and use of hydrogen as a substitute for fossil fuels and mitigating climate change - for...

As the hydrogen debate shifts from talk to action, Europe is laying the infrastructure foundations of a future supported by hydrogen. This versatile energy carrier has been billed as “an increasingly important piece of the net zero emissions by 2050 puzzle” by the International Energy Agency (IEA), one that can help resolve some of our critical energy challenges. But while Europe has the capacity...

Cemex and MPP collaborate to accelerate decarbonization projects, hydrogen included. Cemex and the Mission Possible Partnership (MPP), in partnership with the Bezos Earth Fund, are collaborating to conduct an analysis of the potential of decarbonization levers at Cemex’s Balcones cement plant in Texas. This analysis aims to accelerate Cemex’s commitment to achieving...

Plug Power (PLUG) has provided an announcement. Plug Power Inc. has announced securing a conditional commitment for a loan guarantee of up to $1.66 billion from the Department of Energy. This financial boost aims to support the construction of up to six new green hydrogen production facilities, marking a significant step in the company’s expansion and the broader push for sustainable energy solutions....